Hong Kong Stock Exchange and Brazil Stock Exchange signed a memorandum of cooperation to promote the development of sustainable finance and carbon markets.

The Hong Kong Stock Exchange announced today (January 27th) that it has signed a memorandum of cooperation with the Brazilian Stock Exchange to promote the development of sustainable finance and carbon markets in both regions. According to the memorandum of cooperation, the Hong Kong Stock Exchange will work together with the Brazilian Stock Exchange to promote the development of carbon markets in Hong Kong and Brazil, explore opportunities in commodity markets, and establish regular communication channels to strengthen cooperation between the two exchanges. The two exchanges will also explore the possibility of cross-listing securities on each other's markets and seek new opportunities for carbon and ESG products in Asia and South America. This memorandum of cooperation not only demonstrates HKEX's commitment to promoting global markets towards low-carbon transition, but also further expands the group's sustainable development partnership to the significant region of South America in global climate solutions. HKEX's Chief Sustainable Development Officer Tony Wong said, "We are pleased to sign this memorandum of cooperation with the Brazilian Stock Exchange, one of the leading financial market infrastructure groups in the world. This collaboration further expands Core Climate's development in the carbon market, fully demonstrating HKEX's commitment to promoting sustainable finance development worldwide. We look forward to working closely with the Brazilian Stock Exchange to jointly promote the development of international carbon emission standards, encourage innovation, and make substantial progress towards a low-carbon economy through cross-border cooperation." Srgio Gullo, Director of International Business Development (Asia and Oceania) at the Brazilian Stock Exchange, said, "Collaborating with HKEX not only strengthens the Brazilian Stock Exchange's influence in driving sustainable economic transformation but also opens up new opportunities for the Brazilian market on the international stage. Expanding our international business layout can enhance our influence in the global sustainable finance market and help companies invest in various ESG products. The Brazilian Stock Exchange has always been committed to creating an innovative, transparent, and sustainable business environment, promoting a development strategy that combines economic growth and environmental protection." The Hong Kong Stock Exchange is committed to expanding the development of sustainable finance and promoting the establishment of transparent, inclusive, and globally aligned carbon markets. Through strengthening cooperation with the Brazilian Stock Exchange and advancing sustainable financial initiatives, it further consolidates its role as a market connector, promotes cross-border innovation and collaboration, and builds a more resilient and inclusive financial ecosystem.